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IS - BP adds $750MM onto recently issued 30-year, 3% notes - March 2020

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BP closed the sale of $750 million aggregate principal amount of 3% notes due 2050 at 98.731. This tranche is an add-on to the $1.25 billion of 3%, 30-year notes the supermajor’s US finance arm issued just a few weeks ago and is being treated as a single series together with the original notes. Morgan Stanley was the sole underwriter for this issue, and was one of four underwriters for the larger, earlier-issued tranche......
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